NATIONAL COMPANY LAW TRIBUNAL
Seshavatharam Puranam – Appellant
Versus
Garudavega Delivery Services Pvt Ltd and 10 Others – Respondent
CP - 400/2018
S.No.4 VC AND PHYSICAL (HYBRID) MODE ATTENDANCE CUM ORDER SHEET OF THE HEARING HELD ON
21.05.2026 AT 10:30 A.M.
IA No.102/2019 in Company Petition IB/400/241/HDB/2018 U/s 241 of Companies Act IN THE MATTER OF:
Seshavatharam Puranam …Petitioner AND Garudevega Delivery Services Pvt Ltd & 10 Others …Respondents C O R A M:-
SHRI. RAJEEV BHARDWAJ, HON’BLE MEMBER (JUDICIAL)
SHRI. SANJAY PURI, HON’BLE MEMBER (TECHNICAL)
O R D E R
Company Petition IB/400/241/HDB/2018 Orders pronounced, recorded vide separate sheets. In the result, this Petition is dismissed.
IA No.102/2019 Orders pronounced, recorded vide separate sheets. In the result, this Application is dismissed.
Sd/- Sd/-
MEMBER (T) MEMBER (J)
Apoorva [Under Section 59, 241, 242 & 244 of Companies Act, 2013]
BETWEEN:
Seshavatharam Puranam R/o. 1060, Arborhill LN, Alpharetta, GA- 30004-1686 …Petitioner Versus
1. M/s. Garudavega Delivery Services Pvt. Ltd., H. No. 1-8-308/1/1, Pattigadda Road, Begumpet, Hyderabad- 500016 …Respondent No. 1
2. Mr. Venugopal Venkata Sarvaraya Thota, R/o. 8040 Mitchell LN, Birmingham, Alabama.
…Respondent No. 2
3. Mr. Rama Satyam Venkata Durvasula R/o. 4520, Hastings, Dr Cumming, Geogia, U.S …Respondent No. 3
4. Ms. Lakshmibala Kolachina R/o. 6090, Stansbury, Smt Alpharetta, Georgia-30005, U.S …Respondent No. 4
5. Ms. Neelima Gaddamanugu R/o. 8045 Brookwood Way, Cumming, Georgia- 30041, U.S …Respondent No. 5
6. Mr. Purnachandra Babu Cheekati R/o. 5110, Park Brooke Walk Way, Aplharetta, Georgia-30022, U.S …Respondent No. 6
7. Mr. Pantam Venkata Achuta Ravi Mohan, R/o. Plot No. 204, Emarald Amrutha Hills, Panjagutta, Hyderabad-500092, Telangana.
…Respondent No. 7
8. Mr. Gaddamunug Phani Chandra, R/o. 10-3-83, Flat No. 402-1, Teachers Colony, Secunderabad- 500026, Telangana.
…Respondent No. 8
9. Mr. Gaddamanugu Bala Surya Siva Sri, R/o. 8045 Brookwood Way, Cumming, Georgia-30041, U.S …Respondent No. 9
10. Mr. Radhakanth Swayampakula, R/o. 6090, Stansbury Smt, Alpharetta Georgia-30005, U.S …Respondent No. 10
11. Registrar of Companies, AP & TG
2nd Floor, Corporate Bhawan, Tattiannaram, Nagole, Bandlaguda, Hyderabad-500068.
…Respondent No. 11 Coram:
Hon’ble Shri Rajeev Bhardwaj, Member (Judicial)
Hon’ble Shri Sanjay Puri, Member (Technical)
Counsels Present For Petitioner : Y. Suryanarayana, Ld. Counsel.
For Respondents 1 to 10 : S. Ravi, Ld. Senior Counsel.
1. The present Application is filed by Mr. Seshavatharam Puranam (Petitioner) against M/s. Garudavega Delivery Services Private Limited and the Directors of M/s. Garudavega Delivery Services Private Limited seeking the following reliefs:
a. To declare the transfer of shares made in favor of 2nd, 3rd, 4th, 5th, and 6th Respondents as null and void and not binding on the company and on the Petitioner.
b. To declare the allotments made on 25.09.2014 as null and void and not binding on the 1st Respondent Company.
c. To declare the appointment of the Respondent No. 2 to 9 as Directors of 1st Respondent Company as null and void and to declare the Form DIR-12 dated 01.01.2014, 04.08.2014 and 09.01.2017 filed by the 1st Respondent Company is not binding.
d. To direct the 1st Respondent Company to rectify the Register of Members.
e. To award costs relating to the present proceedings.
Application
2. M/s. Garudavega Delivery Services Private Limited (Respondent No.
1/R1 Company) was incorporated on 15.02.2013 under the provisions of the Companies Act, 1956 with an authorised share capital of Rs. 1,00,000/-, divided into 10,000 equity shares of Rs. 10/- each. The principal object of the R1 Company was to take over the proprietorship concern, namely “India to America Courier Service”, owned by the Petitioner, along with its assets and liabilities.
3. It is submitted that the R1 Company was incorporated by the Petitioner, Mr. Vutpala Saradhi Pardha and Ms. Roshani Roy. The Petitioner subscribed to 9,800 equity shares constituting 98% of the paid-up share capital, while Mr. Vutpala Saradhi Pardha and Ms. Roshani Roy subscribed to 100 equity shares each and act






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